Frost & Sullivan Honors Siemens for Continuously Offering Innovative Machine Safety Products, Leveraging its Global Manufacturing Facilities and Supply Chains
-- Siemens Safety Integrated solutions is currently the best and most cost-effective solution for U.S. manufacturers looking to expand globally and be cost-competitive
MOUNTAIN VIEW, California, Aug. 20, 2013 /PRNewswire/ -- Based on Frost & Sullivan's Vision of the Future of Manufacturing and Production 2.0 (Visi-MAP 2.0) research that has identified the Top 50 Game Changers in manufacturing hardware and software, Siemens has been selected as the recipient of the 2013 Company of the Year Award for the smart machine safety networks market. The Visi-MAP 2.0 initiative focuses on the vital convergence of critical Mega Forces that allow manufacturers to innovate, design, and drive next-generation manufacturing best practices, and uses this platform to identify companies that refuse to simply take a ringside spectator view of industry developments and, instead, lead in the visionary innovation process.
Due to end-user demand for greater flexibility and global safety standard compliance, the machine safety market is gradually transforming from a component-based offering into an integrated total solution offering. Another important reason for this shift is that single-system platforms for safety and automation control are easier and more cost-effective to design, implement and maintain.
"Many best-in-class global manufacturers are planning on integrating their machine safety and automation control systems to simultaneously improve worker safety and manufacturing productivity," said Frost & Sullivan Industry Analyst Muthuraman Ramasamy. "This move will also reduce manufacturing operations costs through easier troubleshooting and integration with non-safety control systems, better diagnostics and improved modularity."
Siemens is all set to make the most of this demand with its totally integrated automation (TIA) architecture, which provides a single automation platform that integrates plant floor-level automation processes with manufacturing execution systems. This integration enables enterprise-wide process data visibility, security, and control using access protection, role-based availability, and private virtual networks.
Siemens's TIA portal allows customers to create, implement, and maintain their own scalable and flexible machine safety solution, resulting in shorter lead times and savings for software engineering and control system test and operation. Siemens has consistently made long-term investments in new products and technologies, as evidenced by the company's multi-billion dollar annual R&D spend. Some of its notable successes include being first to market with its wireless machine safety control solutions five years ago and its TIA portal more than two years ago.
Siemens Safety Integrated, the company's fail-safe machine safety product line, includes safety-related modular and PC-based controllers, I/O systems, safety relays, safe drives, machine components, wireless and HMI solutions, and other factory automation products related to safety. Its key value is the reduction of costs associated with the design, build, and installation of machine safety control systems; it offers a cost reduction of approximately 30 percent in comparison to industry rivals.
Safety Integrated is part of Siemens Safety, an industry leader in offering both customers and non-customers safety awareness. It educates them on the entire manufacturing systems lifecycle, covering safety and compliance services, wireless safety compliance training, and its TIA portal.
According to Frost & Sullivan's independent research, in 2011, Siemens held the largest share of the global machine safety market at 16.4 percent. This is due to its demonstrated leadership in cost, performance, technology, flexibility and customization, which allows it to offer a comprehensive product portfolio, consulting, and after-sales and training services.
"Siemens engineers understand and consistently monitor the changes in ongoing international safety standards and regulations. No other automation company has greater experience in applying the appropriate safety solution based on the application," noted Muthuraman Ramasamy. "The company continues to stay true to its strategy of delivering flexible and scalable integrated machine safety solutions that increase both operator and manufacturing operations productivity and efficiency."
Based on the aforementioned criteria as benchmarked through Frost & Sullivan competitive analysis, Siemens is the recipient of the 2013 Global Company of the Year Award. Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in terms of growth strategy and implementation. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration.
Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.
About Siemens
The Siemens Industry Sector (Erlangen, Germany) is the world's leading supplier of innovative and environmentally friendly products and solutions for industrial customers. With end-to-end automation technology and industrial software, solid vertical-market expertise, and technology-based services, the Sector enhances its customers' productivity, efficiency, and flexibility. With a global workforce of more than 100,000 employees, the Industry Sector comprises the Divisions Industry Automation, Drive Technologies and Customer Services as well as the Business Unit Metals Technologies. For more information, visit www.siemens.com/industry
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